Badcharts

Was Gold's 2008 GFC it's worst quarter?

COMEX_DL:GC1!   Futures Oro
On a quarterly close basis (reduce noise), #Gold had a WORST drawdown in 2004 than it did in the Great Financial Crisis of 2008!

It actually ONLY closed 5% lower in Q3 2008, having registered POSITIVE quarters before and after that one.

Let that sink in...

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